Stories from the Japanese press
Two stories are grabbing attention. The first is yet-another warning from Japan that they're watching for speculative yen trading. That one's from Nikkei.
A separate report from Kyodo said Abe won't make a decision on delaying the planned consumption tax increase until after Upper House elections in July.
One popular idea is that Japan will roll out a delay in the consumption tax hike, more BOJ stimulus and other reforms in a coordinated package.
On the intervention front, it's not a major threat at the moment because USD/JPY is 400 pips from the May lows and the G7 meeting is this weekend in Japan.
